Downturn to Cost Billions in Aid to World's Poor

In the country's Rift Valley, 24-year-old Michael Ole Sayo runs a small agency that runs projects for Maasai nomads.

They have funding requirements of a few thousand dollars each, a tiny drop in the multi-billion-dollar aid industry. They are Ole Sayo's life's work.

"Most of the programmes are donor-funded. So if the donors don't get money we, who are the last kind of grassroots people, are not getting funding either," he said.